805 Lakeshore DR, Cold Lake

2024-05-17
 

Quick Summary

Location
805 Lakeshore DR, Cold Lake, Alberta T9M1H7
Price
$2,500,000 CAD
Status:
For Sale
Property Type:
Business
Area:
9902ft2
Year of Construction:
1998

MLS®#E4387969

Property Description

Rare opportunity to own and run your own 15 room Inn/Bed & Breakfast in one of the most prime locations in Cold Lake. Cold Lake is located 3 hrs NE of Edmonton & is a busy, transient community built off Military & Oil. The Lakeshore Inn is located directly across from the Cold Lake Marina & in the bustling Lakeshore district. With nearly 10,000 sq ft of space that spans 3 lots, this Inn features 11 rooms facing the marina and lake; 9 with private balconies. Each room is unique & provides its own character to this idyllic property. Rooms feature either 1 or 2 beds, & some with 2 bedroom spaces; all rooms also have full bathrooms. The common area includes welcome desk, coffee/breakfast area, sitting area & sunroom so guests feel at home during their stay. This piece of Cold Lake could continue to operate as an Inn or a savvy business owner could see unlimited possibilities for the space. All furniture & fixtures remain with the property. There is also monthly rental revenue from a local optometry business. (id:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 9902 sqft

Land

  • Land Size: 9536 sqft

Information entered by Royal Lepage Northern Lights Realty
Listing information last updated on: 2024-07-16 17:12:49


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

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